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Steps for Private Limited Company Incorporation In India - Advalyze
Private Limited Company incorporation in India is necessary for starting a new business. Simple steps are required for Private Company registration. Apply Now
Website - https://www.advalyze.in/
Company Email - [email protected]
Company No. - 8383902312
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New Company Registration In Delhi
Starting a new venture in Delhi NCR? Leave the registration process to us. Our experienced team ensures smooth company registration, saving you time and effort. Contact us to get started now.
#company registration Delhi#online company registration#best company registration#company registration in Delhi#company registration in Delhi NCR#private company registration
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today has instilled a new zest for life in me. oh god things could be so so much worse!
#was hanging out w friends yesterday and my one friend got pulled over going through a toll booth near my house#turns out his registration was expired and he didnt know and they towed him car#he had the cops take him to my house bc the dmv doesnt take walk ins. stayed over. we took him to the dmv in the morning#2 hours in there to fix the registration + another 2 to get his parents to transfer him money for it#go to the towing place and they cant release his car bc theyre a private company that works for the state#(he was pulled over on the parkway so it was a state trooper)#and they need a release form from the state police who are located at an unmarked building off the side of the parkway#like its not on the map#we go. finally get an officer to come out. officer comes out. says he cant give him the form bc his license is suspended#because he got a ticket 1 year ago and had a court date but he had just moved and the courts had his old address#so he never received his summons and the court just assumed he was ditching them#PLUS. once the state trooper found the actual ticket my friend remembered that he had gotten pulled over bc his phone#was in his hand but he was using it as a GPS bc he was new to the area. and the cop wrote up a ticket but never gave him one#so he didnt even know he had been written up#so now his car is stuck in south jersey. he has to take the train up to north jersey. beg the brooklyn courts to let him appear online#and then somehow get back down here and get the paperwork to get his car. meanwhile its also $250 every day the tow people have the car#i just cant believe how this didnt all happen at once. how it was quite literally one thing after the next in a straight line of disaster
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Online Trademark Registration Fees, Process, Documents
Trademark registration distinguishes your brand from competitors and help in identifying your product & services as source. Trademark could be a Name, Slogan, Logo or Number which a company uses on its business name, Product or services.
Registering a trademark could be a time taking process as brand registration could take minimum 6 months to 24 months of time depending upon the result of the Examination Report, that's why Professional Utilities provides Brand Name Search Report to get a fair idea about the turnaround time for registration.
Once a Trademark application is processed with the government department, applicants can start using the TM symbol on their mark & ® when the registration certificate has been issued. The registration of the trademark is valid for ten years & can be renewed after ten years. (Read More)
NOTE: If you are a manufacturer then you should also read about EPR Registration
#india#business#earnings#startup#trademark#intellectual property#intellectual disability#private limited company registration in chennai#private limited company registration in bangalore#private limited company registration online#sole proprietorship#limited liability partnership#limited liability company#ngo#ngo donation#nidhi company registration#partnership#partnership firm registration#manage business#taxes#income tax#management#accounting#entrepreneur#import export business#import export data#industry#commerce#government#marketplace
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Private Limited Company registration in Madhya Pradesh
Unleash Growth Implicit! Register your Private Limited Company in Madhya Pradesh with ease. Expert guidance at Vidha Corporate. Visit www.vidhacorporate.com. 📍 205, Prince House, RATLAM. 📞 +91-907-4739-239.
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How to Register a Private Limited Company Online in India
The process of registering a Private Limited Company in India involves several legal steps and documentation. Meeting these legal requirements is crucial to ensuring that the company operates smoothly and remains compliant with the Understanding legal experts can simplify the process and help avoid potential delays for entrepreneurs and businesses looking to start a private limited company for entrepreneurs and businesses looking to start a private limited company.
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GST Registration Online: A Step-by-Step Guide to Simplify Your Tax Compliance.
The Goods and Services Tax (GST) is one of the most significant tax reforms in India, designed to consolidate various indirect taxes into a single tax regime. Whether you are an entrepreneur, a small business owner, or part of a larger enterprise, understanding and completing your GST registration online is crucial to ensure compliance and avoid penalties.
In this blog, we will explore the essentials of GST registration, its benefits, who needs to register, and a step-by-step guide to the online process.
What is GST Registration?
GST registration online is the process by which a business becomes recognized under the GST Act, obtaining a unique Goods and Services Tax Identification Number (GSTIN). This number is essential for collecting tax, availing of input tax credits, and filing GST returns.
Who Needs GST Registration?
GST registration is mandatory for businesses that meet certain criteria, including:
Turnover Threshold:
Businesses with an annual turnover exceeding ₹20 lakhs (₹10 lakhs for special category states) in the service sector.
Businesses in the supply of goods with a turnover exceeding ₹40 lakhs.
Interstate Supply: If your business supplies goods or services across state lines.
E-Commerce Operators: Platforms facilitating sales between buyers and sellers.
Casual Taxable Persons and Non-Resident Taxable Persons: Temporary businesses or those based outside India supplying within the country.
Reverse Charge Mechanism (RCM): Entities required to pay tax under RCM.
Voluntary Registration: Even if your turnover is below the threshold, you may register voluntarily to avail input tax credits.
Benefits of GST Registration
GST registration online Legal Compliance: Avoid penalties and maintain credibility.
Input Tax Credit: Claim credits on purchases, reducing your overall tax liability.
Expand Business Opportunities: Gain access to interstate trade and e-commerce platforms.
Ease of Doing Business: Operate under a unified tax structure, simplifying tax management.
Enhanced Reputation: A GST-registered business is perceived as trustworthy and professional.
How to Register for GST Online
Here is a detailed step-by-step guide to completing your GST registration online:
Step 1: Visit the GST Portal
Go to the official GST portal at www.gst.gov.in.
Click on ‘Services’ > ‘Registration’ > ‘New Registration’.
Step 2: Fill in the Basic Details
Select ‘Taxpayer’ as your type of user.
Enter details like:
Legal Name of the Business (as per PAN).
PAN of the Business/Proprietor.
Email ID and Mobile Number (for OTP verification).
Submit the form to receive a Temporary Reference Number (TRN).
Step 3: Log in with TRN
Revisit the GST portal and log in using the TRN.
Complete the CAPTCHA and enter the OTP sent to your registered email or phone.
Step 4: Provide Business Details
Fill in the details of your business, including:
Business name.
Business address.
Bank account details.
Type of business activity (e.g., manufacturing, trading, services).
Step 5: Upload Documents
Prepare and upload scanned copies of the required documents, including:
PAN Card of the business or proprietor.
Proof of Business Address (rental agreement, utility bill, etc.).
Bank Account Statement/Cancelled Cheque.
Aadhaar Card of the proprietor/partners.
Photographs of the applicant.
Certificate of Incorporation (for companies).
Step 6: Submit Application
Verify the application using either:
Digital Signature Certificate (DSC) for companies.
Electronic Verification Code (EVC) for other entities.
Submit the application. An Application Reference Number (ARN) will be generated.
Step 7: Verification and Approval
Authorities will review your application and documents.
If everything is in order, your GSTIN will be issued within 7 working days.
In case of discrepancies, you may be asked to provide additional information or documents.
Common Mistakes to Avoid
Incorrect Details: Ensure all details match official records.
Document Errors: Submit clear and valid documents.
Missed Deadlines: Respond promptly to any queries or notifications
Conclusion
GST registration online is a straightforward process if approached methodically. By ensuring compliance, businesses can reap the benefits of GST, such as tax credits and enhanced credibility. For those unfamiliar with the process or seeking expert assistance, platforms like LegalMan simplify GST registration and compliance.
Get your GST registration today and position your business for growth in India's unified tax regime.
#tds return filing services#tds/tcs return filing services#gst return filing services#lmpc registration#roc compliances#income tax filing services#private limited company registration
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Private Limited Company Registration in India: A Complete Guide
Registering a Private Limited Company in India is one of the best ways to establish a legally recognized business entity. A Private Limited Company (PLC) offers limited liability protection to its shareholders, greater credibility, and ease of raising capital from investors. Whether you are starting a new business or transitioning from a sole proprietorship, Licit360 provides expert guidance for seamless private limited company registration in Indore.
In this blog, we’ll guide you through the process of Private Limited Company registration, the importance of GST registration for private limited companies, and how our experts at Licit360 can make the process hassle-free.
What is a Private Limited Company?
A Private Limited Company is a type of business entity in which ownership is held privately by shareholders. It is ideal for small to medium-sized businesses as it provides benefits such as:
Limited liability for shareholders
Separate legal identity
Perpetual existence
Easy transferability of shares
If you’re looking for new private limited company registration, Licit360 ensures compliance with all legal formalities and provides end-to-end solutions for businesses in India.
Benefits of Registering a Private Limited Company
Here are the key benefits of incorporating a Private Limited Company in India:
Limited Liability: The personal assets of shareholders are protected from the company’s liabilities.
Credibility: A registered company is more credible for potential clients, vendors, and investors.
Funding Opportunities: It becomes easier to raise equity or venture capital.
Tax Benefits: Proper GST registration for private limited companies helps claim input tax credit.
Ease of Business Operations: Compliance with government regulations ensures smooth business operations.
Private Limited Company Registration Process in India
The process of private limited company registration in India involves multiple steps, but with Licit360, we ensure a hassle-free experience. Here’s an overview:
Digital Signature Certificate (DSC): Obtain DSC for the company’s directors.
Director Identification Number (DIN): Register for a unique DIN for all directors.
Name Approval: Choose a unique name for the company and get it approved by the Registrar of Companies (RoC).
Filing Incorporation Documents: Submit the Memorandum of Association (MoA) and Articles of Association (AoA) along with other required forms to the RoC.
Company Registration Certificate: Once approved, you will receive a Certificate of Incorporation (CoI).
PAN and TAN Application: Apply for PAN and TAN for the company.
At Licit360, we specialize in assisting businesses with private limited company registration in Indore and across India.
GST Registration for Private Limited Company
Once your company is incorporated, obtaining a GST registration is mandatory if your annual turnover exceeds ₹20 lakh (₹10 lakh for special category states).
Importance of GST Registration for Private Limited Companies:
Legal Compliance: GST is mandatory for companies to operate legally in India.
Input Tax Credit: Claim benefits on taxes paid during purchases.
Expanding Business Opportunities: Registered businesses can trade seamlessly across states.
GST Registration Process for Private Limited Company
The GST registration process for private limited companies involves the following steps:
Prepare Documents: PAN of the company, MoA, AoA, proof of registered office, bank details, and directors’ ID proof.
Apply Online: Submit the GST application on the GST portal.
Verification: Your application and documents will be verified by GST authorities.
GSTIN Issuance: Once approved, a unique GST Identification Number (GSTIN) will be issued.
If you’re looking for new GST registration for private limited company, Licit360 offers quick and reliable services to ensure your business is GST-compliant.
Why Choose Licit360 for Company and GST Registration?
At Licit360, we are dedicated to making the process of private limited company registration and GST registration effortless. Whether you are looking for company registration near me or need an expert private limited company registration consultant, we are here to assist.
Why Licit360?
End-to-end guidance on company incorporation and GST registration.
Expert assistance for businesses in Indore and across India.
Affordable pricing with no hidden charges.
Quick and transparent process.
Get Started Today!
If you’re planning to register a Private Limited Company or need assistance with GST registration of private limited companies, Licit360 is your trusted partner. We simplify the process and ensure compliance with all legal requirements.
#private limited company registration#private limited company registration services#gst registration#gst registration services
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#company registration Delhi#online company registration#best company registration#company registration in Delhi#company registration in Delhi NCR#private company registration
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Explore the benefits of a public limited company, registration process, and key differences in the formation of public and private companies. Learn how to establish a limited company for growth and expansion."
A public limited company (PLC) offers significant advantages, such as the ability to raise capital through public share offerings and limited liability for shareholders. This business structure is ideal for large-scale businesses looking to expand and increase their market presence. The registration of a public limited company involves a series of legal steps, including meeting the regulatory requirements for stock exchange listing. Understanding the formation of public and private companies can help entrepreneurs choose the right model for their business goals. Whether you opt for a limited company public or a private setup, the benefits of a PLC include access to capital, credibility, and growth opportunities.
#business#consulting#company registration#taxation#success#business registration#investing#foreign company#finance#accounting#public limited company#public limited company registration#benefits of a public limited company#formation of public and private company#limited company public
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Simplify Income Tax Filing with ASCESA Step-by-Step ITR Filing Made Easy in Bangalore
Effortless Income Tax Filing with ASCESA
Income Tax Return (ITR) filing might seem like a daunting task, but it’s an essential financial responsibility for individuals and businesses alike. With legal obligations and potential penalties for non-compliance, filing your ITR on time is crucial. For those seeking Accounting Services in Bangalore, ASCESA offers a seamless, stress-free solution tailored to your needs. Read on to learn everything you need to know about ITR filing, from eligibility criteria to required documents and the importance of timely filing.
Introduction to ITR Filing
Filing an Income Tax Return (ITR) is a legal requirement and a step towards maintaining financial health.
ITR is used to report income and pay taxes to the government.
Timely filing helps claim refunds and avoid penalties of up to Rs. 10,000.
ASCESA offers a hassle-free process for Income Tax Return Filing in Koramangala, with expert assistance and quick processing.
Who Should File an ITR?
Individuals with taxable income exceeding Rs. 2.5 lakhs per annum (Rs. 3 lakhs for senior citizens and Rs. 5 lakhs for super senior citizens).
Non-resident Indians (NRIs) earning taxable income in India.
Proprietorships and partnership firms, irrespective of income or loss.
Limited Liability Partnerships (LLPs) and companies, regardless of turnover or profit.
For efficient ITR filing, explore ASCESA’s Income Tax Return Filing in Bangalore.
Types of ITR Forms
ITR-1 (Sahaj): For salaried individuals with income up to Rs. 50 lakhs.
ITR-2: For individuals and HUFs not having income from business or profession.
ITR-3: For individuals and HUFs earning income from business or profession.
ITR-4 (Sugam): For taxpayers opting for the presumptive income scheme.
ITR-5 to ITR-7: For firms, LLPs, companies, and trusts.
ASCESA’s experts help identify the right form for accurate filing.
Documents Required for ITR Filing
PAN card and Aadhaar card.
Form 16/16A for salaried individuals.
Bank account details, statements, or passbooks.
Proof of investments such as ELSS, PPF, or other tax-saving instruments.
Loan repayment documents (if applicable).
ASCESA simplifies the document preparation process for clients. Check out their Best Accounting Services in Koramangala.
Importance of Filing ITR on Time
Avoiding penalties: Late filing penalties range from Rs. 1,000 to Rs. 10,000, depending on income and filing date.
Claiming tax refunds: Timely filing ensures faster refunds for excess tax paid.
Maintaining financial credibility: ITR filings serve as proof of income for loans and visas.
ASCESA’s Fast Company Registration Services in Bengaluru cater to startups needing comprehensive accounting and tax solutions.
Latest Updates and Changes in Tax Laws
Revised income slabs for various categories.
Increased deduction limits for tax-saving investments.
Changes in capital gains taxation and streamlined compliance for businesses.
ASCESA ensures clients stay informed about tax law changes for compliance and benefits. Learn more at ASCESA.
Conclusion With ASCESA’s expert assistance, you can ensure compliance, avoid penalties, and streamline your financial responsibilities.
Income Tax Filing doesn’t have to be overwhelming with the right guidance.
ASCESA provides expert assistance for seamless, accurate, and stress-free ITR filing.
Avoid penalties, claim refunds, and maintain financial credibility with ASCESA.
Take the first step toward financial clarity with ASCESA today.
#accounting services in bangalore#Best Accounting Services in Koramangala#Income Tax Return Filing in Koramangala#Fast Company Registration Services in Bengaluru#Private Limited Company Registration in Koramangala#Accounting Services in Koramangala#GST Registration in Koramangala#tax advisors in koramangala#Bookkeeping services in koramangala
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Private Limited Company Setup Made Simple
A Private Limited Company (Pvt Ltd) is one of India's most popular business structures. It offers limited liability to its shareholders, restricts the number of shareholders, and prohibits public trading of shares. Registering a Private Limited Company involves several steps, legal formalities, and compliance requirements. This guide will walk you through India's Private Limited Company registration process.
Key Features of a Private Limited Company
Limited Liability: Shareholders' liability is limited to their shareholding.
Separate Legal Entity: The company is distinct from its owners.
Perpetual Succession: The private company continues to exist regardless of changes in ownership.
Minimum and Maximum Shareholders: Minimum of 2 and 200 shareholders.
Restrictions on Share Transfer: Shares can only be transferred with the consent of other shareholders.
Prerequisites for Registration
Directors: Minimum of 2 and a maximum of 15 directors.
Shareholders: Minimum of 2 and a maximum of 200 shareholders.
Registered Office Address: An address in India to receive official correspondence.
Capital Requirements: No minimum capital requirement exists, but the capital amount should be stated.
Digital Signature Certificate (DSC): All proposed directors and shareholders are required.
Director Identification Number (DIN): Required for all proposed directors.
Steps to Register a Private Limited Company
Obtain Digital Signature Certificate (DSC)
All proposed directors and shareholders must obtain DSCs. This ensures secure online filing of documents.
Apply for a Director Identification Number (DIN)
Directors must obtain DINs by submitting the required forms, proof of identity, and address.
Name Approval
Propose and reserve a unique company name through the MCA portal's RUN (Reserve Unique Name) web service. Ensure the name complies with the naming guidelines.
Prepare and File Incorporation Documents
Draft the Memorandum of Association (MOA) and Articles of Association (AOA).
File the SPICe+ (Simplified Proforma for Incorporating Private Company Electronically Plus) form along with the necessary documents:
MOA and AOA
Declaration by directors and shareholders
Proof of registered office address
Identity and address proof of directors and shareholders
Payment of Fees
Pay the prescribed government fees and stamp duty, which varies based on the state of incorporation and authorised capital.
Certificate of Incorporation
A Certificate of Incorporation is issued upon verification and approval by the Registrar of Companies (ROC). This certificate includes the Company Identification Number (CIN).
Apply for PAN and TAN
After incorporation, apply for the company's Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
Post-Incorporation Compliance
Bank Account: Open a current bank account in the company’s name.
Registered Office: Ensure the registered office is operational within 30 days of incorporation.
Commencement of Business: File a declaration for the commencement of business within 180 days of incorporation.
Statutory Registers: Maintain statutory registers and records.
Compliance Filings: Regularly file annual returns, financial statements, and other compliance documents with the ROC.
Benefits of Registering a Private Limited Company
Credibility and Trust: Enhances the company’s credibility and attracts investors.
Limited Liability Protection: Safeguards personal assets of shareholders.
Ease of Raising Capital: Raising funds from investors and financial institutions is more effortless.
Tax Benefits: Avail various tax deductions and benefits.
Perpetual Existence: Continues to exist irrespective of changes in ownership.
Conclusion
Private Limited Company Registration is a systematic process that offers numerous advantages regarding credibility, limited liability, and growth potential. Following the steps outlined in this guide, you can successfully establish your Private Limited Company and leverage its benefits for business success.
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Why Registering as a Private Limited Company Matters
Starting a business is a big step, and choosing the right type of business structure is crucial for long-term success. One of the most popular choices for entrepreneurs in India is registering as a private limited company. This type of company offers several advantages, such as limited liability, better credibility, and the ability to raise capital more easily. However, the process of private limited company registration can be complex and requires a deep understanding of legal and regulatory requirements.
What is a Private Limited Company?
A corporate entity that restricts the liability of its shareholders is known as a private limited company. This implies that in the event that the business experiences financial difficulties, the personal assets of the shareholders are safeguarded. Unlike sole proprietorships or partnerships, a private limited company is a separate legal entity from its owners, making it an attractive option for those who want to protect their personal wealth.
Advantages of Private Limited Company Registration
Limited Liability Protection
One of the main reasons to opt for PVT Ltd company registration is the limited liability protection it offers to shareholders. In the event of business losses or legal issues, shareholders are only liable to the extent of their investment in the company. This is a significant advantage compared to other business structures, like partnerships or sole proprietorships, where personal assets may be at risk.
Better Access to Funding
A private limited company is more likely to attract investors and raise capital when compared to other types of business structures. This is because the company has a well-defined ownership structure, and shareholders' liability is limited. Private limited company registration in Mumbai opens up avenues for venture capital and private equity funding, helping your business grow and expand in the competitive market.
Credibility and Trust
The legitimacy of your company is increased by registering as a private limited company. Whether you're dealing with suppliers, customers, or potential investors, having a registered company signals professionalism and commitment. The PVT ltd company registration in Mumbai process ensures that your business complies with legal norms, which further builds trust among stakeholders.
Perpetual Succession
One of the key benefits of a private limited company is perpetual succession. This means that the company’s existence is not affected by the death, insolvency, or departure of shareholders. Even if shareholders change or leave, the company continues to operate. This stability can be attractive to investors and clients alike.
Tax Benefits
Private limited company registration offers several tax advantages. The company is taxed at a lower rate than individuals or partnerships, which can result in significant savings. Additionally, businesses may be eligible for various exemptions and deductions under the Income Tax Act, reducing their overall tax burden.
Flexibility in Ownership Transfer
A private limited company allows the transfer of shares from one shareholder to another, making it easier to change ownership. This flexibility can be important for future expansion, mergers, or even in case of family succession planning.
The Process of Private Limited Company Registration
The process for private limited company registration in Mumbai involves several steps:
Name Approval: You need to select a unique name for your company and get it approved by the Registrar of Companies (RoC).
Digital Signature Certificate (DSC): The directors of the company need to obtain a DSC to sign the documents electronically.
Director Identification Number (DIN): The directors must apply for a DIN, which is required for registration.
Incorporation Documents: You will need to submit various documents, such as the Memorandum of Association (MOA) and Articles of Association (AOA), to the RoC.
Certificate of Incorporation: After the documents are verified, the company is incorporated, and you will receive a certificate of incorporation.
Conclusion
Choosing to register as a private limited company offers many benefits, including limited liability protection, greater access to funding, enhanced credibility, and tax advantages. By opting for PVT LTD company registration, entrepreneurs can create a solid foundation for their business, protect their personal assets, and position themselves for long-term success.
Shah Doshi offers knowledgeable assistance at each stage of the registration procedure for individuals wishing to form a private limited company in Mumbai. With years of experience in assisting businesses, Shah Doshi ensures that your company is properly registered, compliant with all regulations, and ready to thrive in today’s competitive market. Whether you are just starting out or looking to formalize your business structure, Shah Doshi offers the expertise you need to set your business up for success.
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How to Register a Private Limited Company Online in India
Private Limited Company registration is one of the most popular choices for entrepreneurs in India. It provides limited liability to its shareholders and allows for easy fundraising. However, registering a Private Limited Company (Pvt Ltd) requires meeting several legal requirements. Below is a comprehensive guide to the legalities involved in setting up a Private Limited Company in India.
Minimum Number of Directors and Shareholders
To register a Private Limited Company, there must be:
Minimum of 2 Directors: One of the directors must be an Indian resident.
Minimum of 2 Shareholders: The shareholders can be individuals or companies, and a single person can act as both a director and a shareholder. However, the maximum number of shareholders can be 200 at maximum.
Director Identification Number (DIN)
Each director must have a Director Identification Number (DIN) issued by the Ministry of Corporate Affairs (MCA). The DIN is a unique identification number required for anyone who intends to be a company director.
Digital Signature Certificate (DSC)
All proposed directors must obtain a Digital Signature Certificate (DSC). DSCs are required to sign electronic documents while registering the company, filing returns, and performing other online legal procedures with the Registrar of Companies (ROC).
Name Approval for the Company
The ROC must approve the company name. The name should be unique and must not violate any trademark rules. It must adhere to the following:
The name should end with "Private Limited."
The proposed name should not be identical or similar to an already registered company or trademark.
Once the name is approved, it is reserved for 20 days.
Registered Office Address
A Private Limited Company must have a registered office in India, where official correspondence from the MCA will be sent. This address must be provided during the registration process, and proof of address (like an electricity bill or rent agreement) should be submitted.
Memorandum of Association (MOA) and Articles of Association (AOA)
The Memorandum of Association (MOA) defines the objectives, scope, and activities of the company. The Articles of Association (AOA) lays down the rules and regulations governing the company's internal operations. Both MOA and AOA are required to be submitted to the ROC at the time of registration.
Share Capital
The minimum authorised share capital of a Private Limited Company is INR 1 lakh. However, the maximum authorised capital is not specified.
Paid-up capital: Although the minimum paid-up capital is not mandatory as per recent changes in the Companies Act, the amount to be invested should be mentioned during registration.
Incorporation Forms
The incorporation of a Private Limited Company requires the filing of the following forms with the Registrar of Companies (ROC):
SPICe+ (Simplified Proforma for Incorporating a Company Electronically Plus): This is the integrated form for company incorporation, including the application for DIN, PAN, TAN, and EPFO/ESIC registration.
AGILE-PRO-S: This form is required for GSTIN, EPFO, ESIC, and bank account opening.
INC-9: This is a declaration form that the company's directors and shareholders must digitally sign.
PAN and TAN Application
The company must apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN). These are essential for tax filing and deduction purposes and are usually part of the SPICe+ form.
Certificate of Incorporation
Once all the required documents are submitted and verified, the ROC issues a Certificate of Incorporation (COI). This certificate serves as official proof of the company’s existence and includes the company’s Corporate Identity Number (CIN).
Compliance with the Companies Act, 2013
Post-registration, the company must comply with the provisions of the Companies Act 2013. It includes:
Appointment of an Auditor within 30 days of incorporation.
Holding the First Board Meeting within 30 days of incorporation.
Issuance of Share Certificates to the shareholders within two months of incorporation.
Annual General Meeting (AGM): A Private Limited Company must hold an AGM every financial year and file annual returns with the ROC.
Additional Compliance and Licenses
Depending on the nature of the business, additional registrations or licenses might be required, such as:
Goods and Services Tax (GST) Registration
Import Export Code (IEC) for businesses involved in import and export.
Shops and Establishment License as per state laws.
Conclusion
The process of registering a Private Limited Company in India involves several legal steps and documentation. Meeting these legal requirements is crucial to ensuring that the company operates smoothly and remains compliant with the Understanding legal experts can simplify the process and help avoid potential delays for entrepreneurs and businesses looking to start a private limited company for entrepreneurs and businesses looking to start a private limited company.
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